M&A
Billionaire Schwartz’s Onex Corp to buy Canada’s WestJet for $2.6 bn
15 May 2019
If Onex obtains shareholder and regulatory approvals, the deal would help Schwartz get his hands on an airline two decades after he missed out on buying Air Canada, WestJet’s bigger rival
EC refuses to clear Tata Steel-Thyssenkrupp joint venture
10 May 2019
Tata Steel said the two companies had proposed a comprehensive package of remedies covering all the areas of concern highlighted by the European Commission and that any additions to the remedy package would adversely affect the basic foundation of the proposed joint venture
Sebi bars Hotel Leelaventure from selling properties to Brookfield
24 Apr 2019
As per the deal, promoters and affiliates would also be entitled to a consideration of Rs300 crore from Brookfield on account of any intellectual property held by them and also for certain business expansion services that the promoters have agreed to provide the investor
Reliance looks to acquire iconic British toy brand Hamleys for up to Rs350 cr
18 Apr 2019
Founded by William Hamley as `Noah's Ark’ in 1760, Hamleys is the oldest and largest toy shop in the world and one of the world's best-known retailers of toys
Nippon Paints to acquire Australia’s DuluxGroup for $2.7 billion
17 Apr 2019
The acquisition will catapult Nippon Paint, the world's fifth-largest paint maker, from a big player to the biggest paint seller in the Asia-Pacific region
Saudi Aramco eyes expansion into India with 25% in Reliance
17 Apr 2019
Reports citing sources said the Saudi oil giant, which claims spare capacity of 2 million barrels per day, is planning to invest heavily in Indian fuel retail and petrochem market
Publicis to acquire US data firm Epsilon in $4.4 billion deal
16 Apr 2019
Publicis Groupe sees Epsilon as the ideal cultural and strategic fit that will help drive its own transformation in a data-driven digital world